Jaypee Infratech, a subsidiary of the Jaypee Group, has registered a rise of 39.69% in the net profit to Rs 349.30 crore for the fourth quarter ended March 31, 2012. The company had posted a net profit of Rs 250.05 crore for the January-March period of 2011.
The total income of the company for the quarter went up by 26.61% to Rs 921.61 crore, over Rs 727.92 crore for the same period in FY 2011-12.
For the fiscal year 2011-12, the net profit of the company came down to Rs 1,289.73 crore from Rs 1,435.06 crore in 201-11.
Jaypee Infratech incorporated as a Special Purpose Vehicle for implementation of 165 km long 6-lane Access-Controlled Yamuna Expressway in the state of Uttar Pradesh connecting Noida and Agra.